ADVFN US – Market Content Editor

Shares of Confluent Inc. (NASDAQ:CFLT) surged in premarket trading Monday after a Wall Street Journal report said International Business Machines (IBM) is close to sealing an $11 billion takeover of the data infrastructure company. By 06:15 ET, Confluent stock was up 28.1%. According to the report, the two sides could announce a deal as early…

Berkshire Hathaway Inc. (NYSE:BRK.B) unveiled a series of organizational changes as longtime chief executive Warren Buffett approaches his planned departure at the end of 2025. One of the most notable updates is the upcoming exit of Todd Combs, who has been both an investment manager at Berkshire and the CEO of GEICO. Combs will depart…

Eli Lilly’s (NYSE:LLY) blockbuster diabetes treatment Mounjaro is set to become part of China’s state medical insurance system beginning January 1, the National Healthcare Security Administration announced on Sunday. The decision means the once-weekly injectable will be reimbursable for adults with type 2 diabetes. Its inclusion is expected to broaden access across China’s population of…

Carvana (NYSE:CVNA) rallied 8.8% in premarket trading Monday after being selected for inclusion in the S&P 500 index. The move positions the online used-car retailer to extend its current 10-day winning streak. S&P Dow Jones Indices announced late Friday that Carvana will officially join the benchmark index on December 22. Carvana stock price

Fermi America (NASDAQ:FRMI) has finalized an electric service agreement with Southwestern Public Service Company, part of Xcel Energy, to provide the power needed for its Project Matador Campus in Amarillo, Texas. Under the deal, the utility will deliver up to 200 megawatts of capacity to the site, which is home to Fermi’s expanding artificial intelligence…

Crude prices held close to their strongest levels in two weeks on Monday, supported by growing expectations that the U.S. Federal Reserve will cut interest rates this week—an outcome that traders believe could bolster economic activity and, in turn, energy demand. At the same time, markets continued to track geopolitical developments that could disrupt supplies…

Gold prices firmed slightly in early Asian trade on Monday, helped by a weakening U.S. dollar that hovered near its lowest level in more than a month. Growing confidence that the Federal Reserve will cut interest rates this week continued to underpin the market, although gains remained restrained by broader investor caution. Spot gold rose…

The U.S. dollar eased slightly on Monday as the new trading week began, with markets squarely focused on the Federal Reserve’s upcoming policy meeting and expectations that monetary conditions will be loosened. At 04:15 ET (09:15 GMT), the Dollar Index — which measures the U.S. currency against six major peers — dipped 0.1% to 98.940,…